HMRC Consultation outcome: Gaming Duty - review of accounting periods

Released 6 July 2018

HMRC have published responses to the consultation on options for changes to the current arrangements for administration of gaming duty.

On 9 April 2018, HMRC launched the consultation Gaming Duty: review of accounting periods on options for changes to the current arrangements of six-month accounting periods with payments on account, as well as introducing provision to allow for losses to be carried forward and offset against duty liabilities in future accounting periods. Draft legislation has been published, together with a tax information and impact notice. The Government intends to introduce final legislation in the Finance Bill 2018 to amend the gaming duty provisions in the Finance Act 1997, Pt. I and implement the changes to the administration of gaming duty from 1 October 2019. HMRC will consult with stakeholders about the draft legislation to ensure it delivers the intended effect.

View the Consultation outcome Gaming Duty - review of accounting periods.

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